Published on 30 May 2024 on Benzinga
Layer 2 Blockchains Like Prometeus, Mantle, Nearly Equal Bitcoin Gains. But Are The L2 Players Worth...
Key points:
A handful of leading so-called “Layer 2” (or L2) blockchain protocols are not that far away from Bitcoin’s BTC/USD 12-month romp of the market. The question is whether those that have tracked Bitcoin’s 144% gains over the last year can continue tracking the granddaddy of all cryptocurrencies, or if investors are going to give the laggards their turn next.